Company Information

Get to know Reliance Cooperative Society Ltd

Founded in 2018, Reliance Multipurpose Cooperative Society Limited is a digital cooperative aimed at promoting the financial well-being of its members. The society's mission is to provide easy access to a range of financial services, including tailored savings plans, low-interest loans, and high-yield investment opportunities in sectors like real estate and agriculture. By pooling members' resources, it creates a platform for collective wealth creation and financial empowerment, leveraging technology to deliver its services efficiently.

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Reliance Cooperative Society Ltd

Nigeria

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.